65 Sophia Street E, Barrie ON L4M 1Y7

Description

Nestled in a peaceful downtown enclave, this property presents an enticing investment opportunity or serves as an ideal starter home, complete with a legal second suite. The upper floor of this residence sits vacant, offering you the flexibility to either move in and leverage “house hacking,” where the lower level income assists with costs, or opt for selecting your own tenant and setting rents, transforming it into a pure investment property.

For astute investors, the property boasts RM2 zoning, opening doors for redevelopment prospects. The upper level spans two floors, featuring a main floor with a living room, kitchen, 4 bedrooms, and one and a half baths. The lower unit, fully legalized in 2018, enjoys ample natural light, comprising 2 bedrooms, a 3-piece bathroom, and an open-plan living room/kitchen area.

Perched atop a gentle hill, the home offers stunning south-facing views overlooking the city of Barrie and the lake. This property offers versatility and potential, making it an attractive opportunity for both investors and homeowners alike.